Pet Insurance For Cats Cost

Pet insurance for a cat younger than five years old costs on average 116 a year.

Pet insurance for cats cost. Pet insurance plans vary in cost according to your pet s breed your pet s age and the level of insurance coverage you select. How much does pet insurance for cats cost. The average monthly cost of pet insurance is 47 20 for dogs and 29 54 for cats for pet insurance plans that cover both accidents and illnesses. According to the abi the costs of the average pet insurance claim topped 750 for the first time in 2016 and that insurers paid out a record 706m.

Only about 4 percent of the market is made up of accident only and wellness coverage. Insurers may charge you more to spread the cost of your pet insurance in monthly payments so it can often work out cheaper to pay for a policy upfront for the year. The insurance trade group says that accident and illness coverage per year averaged 473 for dogs and 285 for. However just like health insurance for humans several factors influence the total cost of cat insurance.

Often plans with a low monthly premium have a higher. One of the biggest things to consider is cost. Cost of cat insurance. Many factors go into your choice of which cat insurance policy works best for you and your pet.

For dogs aged below five expect to pay around 225 a year. The price range for pet insurance can fluctuate anywhere from 20 to 100 with an average between 40 and 70. With an average cost of 22 a month for dogs and 16 a month for cats insuring your pet could mean your total costs hit 588 for a dog or 456 for a cat. If your pet is fortunate enough to avoid any big issues the cost of insurance could outweigh the savings.

You will want to determine what you can afford to pay in a monthly premium as well as how well you might be able to manage the deductible should your pet get sick. And these numbers don t include the annual price of pet insurance premiums. Comprehensive insurance will generally cost you a few hundred dollars per year with average monthly costs of around 25 for cats and 45 for dogs. Learn more about covered for life insurance.

The association of british insurers says the average cost of treating a cat with diabetes in 2016 was 1 060 and the average cost of treating a tumour for a cat was 687.